ODA 9.38% 17.5¢ orcoda limited

Ann: SMA June revenue update, page-26

  1. 2,294 Posts.
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    The reasoning for the sell in my mind....

    Firstly Highranger is spot on we need more provinces but also there was no mentioning of new provinces with China Mobile which has conveniently slipped off the radar which is also a bit concerning as it was mentioned we were to be entering these new provinces weeks ago as announced by B. Carr.

    Also something that concerns me is that although Smartpay is making all the money they keep talking about entering the Chinese Market with their Logistical software.

    Is this because they truly believe it's best for the shareholders or possibly that they have predicted things aren't working so well with Smartpay and this is required as a way to keep in the Chinese market.

    I am very much yeah whatever with the announcement and the market needs the provinces as well as SMA does to keep its 10% monthly record revenue. If it doesn't make a 10% record profit then I think expect a big sell off as the market will believe the party is over be warned!!!
    Last edited by wegian: 08/07/15
 
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